In the piece, Cohan chronicles Corzine's cozy ties to politicians and regulators in Washington, D.C. and how he uses those relationships to get things done his way.

"You can’t make this stuff up," he said in the piece.

He writes:

Then, last week, Jon Corzine, the former chief executive officer of the defunct MF Global Inc. with a gold-plated resume -- he was also a senior partner of Goldman Sachs Group Inc. and a U.S. senator and governor of New Jersey -- testified before the House Agriculture Committee about his often-successful campaign to thwart the efforts of Washington regulators to enact rules that he and MF Global didn’t like.

The proposed rules that Corzine helped quash would have made the capital markets a safer place for everyone, to say nothing of MF Global’s customers -- who are still wondering what the firm did with $1.2 billion of their money. Bending regulators around Wall Street’s fingers, while not illegal, should make all Americans’ blood boil.